My property lawyer in Canonbury is not on the Virgin Money Approved Panel. Can I still use my family solicitor even though they are not on the Virgin Money panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your preferred Canonbury lawyers but Virgin Money will need to instruct a lawyer on their panel. This will result in additional overall conveyancing fees as well as cause frustration.
- Choose an alternative lawyer to to deal with the purchase, remembering to check they are on the Virgin Money panel
I understand that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a residence in Canonbury? or Apparently there is an ancient law that means some owners of property residing in a parish church boundary may be liable to pay for repairs to the chancel in proximity to the church. Is this appropriate for conveyancing in Canonbury?
Unless a prior acquisition of the property completed post 12 October 2013 you may expect solicitors handling conveyancing in Canonbury to continue to recommend a chancel search and or chancel repair liability insurance.
Have purchased a a terraced house in Canonbury , how long will it take for the Land Registry to record my ownership? My Canonbury conveyancing solicitor works at snail pace, so I want to be sure the land registry aspects are addressed.
As far as conveyancing in Canonbury registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether it is in order and whether the Land registry communicate with any 3rd parties. As of today approximately three quarters of submission are fully addressed within two weeks but some can be subject to extensive hold-ups. Registration occurs once the purchaser has moved in to the premises thus registration formalities is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your conveyancer can contact the land registry and explain the circumstances.
I am a sole trader hoping to take over a lease of an office on a shopping parade. Can you recommend lawyers offering no-move-no costs for non-domestic conveyancing in Canonbury for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Canonbury, including the sale and purchase of businesses as well as simply property. If you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. Regarding the charges this will depend on the structure and complexity of the deal. Please provide us with your contact information or telephone us so that we may furnish you with a fixed commercial conveyancing quote.
I am attracted to a two apartments in Canonbury both have approximately forty five years remaining on the leases. Will this present a problem?
There are plenty of short leases in Canonbury. The lease is a right to use the premises for a period of time. As the lease shortens the marketability of the lease decreases and results in it becoming more expensive to extend the lease. This is why it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this field.
Notwithstanding our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Canonbury. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We are happy to put you in touch with a Canonbury conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Canonbury property is 5C Stoke Newington Road in April 2010. the Tribunal therefore concludes that the premium to be paid for the extended lease is £700.00 This case related to 1 flat. The unexpired term was 80.5 years.
Are Canonbury conveyancing solicitors duty bound by the Law Society to publish transparent conveyancing costs?
Contained within the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Canonbury or or elsewhere in the country.